Teaching the Realities of Small Business Financing

Our business courses may teach our students the theoretical matters relating to institutional financing of a new or small business but the realities of obtaining such financing are sometimes learned only through experience. This paper addresses the practical and meaningful steps an entrepreneur can take to enhance the ability to obtain a loan commitment and to close the loan as expeditiously as possible

Classroom Warfare—AICPA and AACSB vs. Legal Studies: Result: The New CPA Exam

The American Institute of Certified Public Accountants (AICPA) and the Association to Advance Collegiate Schools of Business (AACSB International) either intentionally or because of shortsightedness or ignorance have diminished the importance of the study of law. By choosing to ignore the news headlines and the illegal and unethical behavior of some executives, these organizations fail to realize the connection between a knowledge of the law and the quality of business leaders. The marginalization of legal studies ill-serves our students. The new computerized CPA Exam is the latest manifestation of this trend